Economists Point Out That Scarcity Confronts

question 163

Multiple Choice

Economists point out that scarcity confronts

• A) neither the poor nor the rich.
• B) the poor but not the rich.
• C) the rich but not the poor.
• D) both the poor and the rich.

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Definitions:

Southern Households

Homes in the Southern United States, often historically characterized by their connection to plantation economies and reliance on slave labor before the Civil War.

Internal Slave Trade

The buying and selling of slaves within a country, particularly referring to the trade of enslaved African Americans within the United States before the Civil War.

Slave Sales

Transactions involving the buying and selling of individuals as property, a central element of the slave system in historical contexts.